Business Details
32 Years
experience
Trusted Tax and Accounting Services in Carol Stream
At Edward R Schwab C PA, we prioritize the careful management of your finances through personalized and thorough service tailored to both business and individual needs. With over 35 years of experience, our firm combines the expertise of a large accounting practice with the dedicated attention only a small firm can provide. We build long-term client relationships rooted in mutual trust, honesty, and integrity, ensuring accessibility to address your tax and accounting requirements. Our services span tax preparation, accounting assistance, and strategic consulting, supported by a deep understanding of diverse industries including manufacturing, retail, healthcare, and more. We specialize in serving small to medium-sized businesses and individuals across Illinois and 15 additional U.S. states, offering customized solutions for life-changing financial events and business milestones.Our team, led by CPA Edward R. Schwab, brings decades of experience from roles at major firms and corporations, ensuring compliance while minimizing tax liabilities. We emphasize transparency, ethical standards, and continuous education to adapt to evolving financial regulations. Our commitment to client-centric values positions us as a trusted advisor for both personal and business financial success.
Services
Tax Services
Accounting Services
Consulting Services
Business Start-up Consulting
Financial Planning
Details
- Year established: 1994
Highlights and features
- We offer 35+ years of CPA expertise in tax and accounting services.
- Our firm provides personalized service directly with a certified CPA.
- We serve diverse industries including healthcare, construction, and retail.
- Our team maintains ongoing continuing education in tax and accounting disciplines.
- We prioritize accessibility and direct communication with clients.
Associations and certifications
- CPA
Services
Tax Services
We provide comprehensive tax preparation and planning for individuals and businesses, including federal and state filings. Our expertise covers S Corporations, C Corporations, LLCs, and trusts. With evolving tax regulations, we ensure compliance while minimizing liabilities through strategic planning.
Accounting Services
Our accounting services include general ledger maintenance, bank reconciliations, and QuickBooks support for small businesses. We offer outsourced accounting solutions and payroll tax compliance to streamline financial operations. Our team provides both onsite and remote assistance tailored to business needs.
Consulting Services
We deliver strategic consulting for business and personal financial decisions, including retirement planning and business start-ups. Our services cover entity selection, registration assistance, and accounting system setup. We act as a trusted advisor for life events and business growth strategies.
Business Start-up Consulting
Our firm guides new businesses through entity selection, registration, and accounting system implementation. We provide software recommendations and compliance strategies tailored to industry needs. This service ensures a strong financial foundation for new ventures in diverse sectors.
Financial Planning
We offer personalized financial planning for education funding, retirement, and major life events. Our approach combines tax expertise with long-term strategy development. Clients receive tailored advice for navigating financial transitions and optimizing wealth management.
People
Edward R Schwab
Principal Accountant
Certified Public Accountant with 35+ years of experience. Former supervisor at White Hen Pantry and auditor at Bernstein Hoffman, Ltd. Specializes in tax compliance and business consulting for small to medium enterprises.
Laura J Schwab
Office Manager
Handles bookkeeping and administrative operations since 2006. Holds a Bachelor of Music degree from Illinois State University. Provides essential support for accounting processes and client communications.
Questions
What accounting services do you offer for small businesses?
We provide general ledger maintenance, bank reconciliations, QuickBooks support, payroll assistance, and sales tax compliance tailored to small business needs.
Do you handle tax preparation for multiple business structures?
Yes, we prepare taxes for S Corporations, C Corporations, LLCs, partnerships, sole proprietorships, trusts, and estates with federal and state filings.
Can you assist with business start-up consulting?
We offer entity selection guidance, registration assistance, accounting system setup, and software recommendations for new businesses across various industries.
What financial planning services are available?
We provide retirement planning, education funding strategies, and life event financial consulting to help individuals manage major financial transitions.
Are your services available outside Illinois?
Yes, we serve clients in Illinois and 15 additional U.S. states with both in-person and remote support options.
